Nothing to Say (but it's okay) Good Morning Good Morning

Just a morning open mic thread to cohese (I know, but it should be a verb) the chatter.

I am working (without tools) on a piece about two-way versus one-way communication for the weekend, so no need for me to start here with a fire hose.  Just this:

Did you see those metals last night?  Almost worth being an insomniac!

Your turn.

 

179 Comments

Xty's picture

First!

Yes!

and I read the entire post!

maravich44's picture

good morning

2nd maybe.

Mantis's picture

Top 10 doesn't feel like so

Top 10 doesn't feel like so much of an achievement anymore. not sure that first should qualify either, I smell a bit of insider front running .

Metals doing great though I'm still on big net losses if i was to sell up now.

dudestacker's picture

Good morning Xty et al

I could have been first but I lost my driving wheel.

TomMack's picture

good morning

......little school ......never mind....   I'll take the 5th

"

"

erewenguy's picture

Gold and Silver

Stealthy, slow and steady. Some family members were trying to get me to invest in their favorite stocks a few weeks ago, but I showed them that the daily and weekly MACDs looked waaaaayyyy overbought. I mentioned gold and silver to them, and then decided I should go look in the mirror because obviously the hair on my second head was messed up.

Xty's picture

re alarming family members

it is astonishing how even the suggestion to a very informed investor that 1% of their investments could just maybe be invested in gold (or even worse, silver) will bring about a derisive smirk.  As though I have just confirmed their worst suspicions about me.

Home-schooled kids, alternative medicine, old cars, the dog, the gardening, a seemingly casual approach to panicking in the modern world, all these things were clues.  But the gold thing ... positive proof of lunacy.

erewenguy's picture

wow

Silver looks like it will take and hold 25 today

ag1969's picture

Another amazing Rothschild coincidence

Israel Grants Oil Rights in Syria to Murdoch and Rothschild

Israel has granted oil exploration rights inside Syria, in the occupied Golan Heights, to Genie Energy. Major shareholders of Genie Energy – which also has interests in shale gas in the United States and shale oil in Israel – include Rupert Murdoch and Lord Jacob Rothschild. This from a 2010 Genie Energy press release:

Claude Pupkin, CEO of Genie Oil and Gas, commented, “Genie’s success will ultimately depend, in part, on access to the expertise of the oil and gas industry and to the financial markets. Jacob Rothschild and Rupert Murdoch are extremely well regarded by and connected to leaders in these sectors. Their guidance and participation will prove invaluable.”

“I am grateful to Howard Jonas and IDT for the opportunity to invest in this important initiative,” Lord Rothschild said. “Rupert Murdoch’s extraordinary achievements speak for themselves and we are very pleased he has agreed to be our partner. Genie Energy is making good technological progress to tap the world’s substantial oil shale deposits which could transform the future prospects of Israel, the Middle East and our allies around the world.”

http://www.craigmurray.org.uk/archives/2013/02/israel-grants-oil-rights-in-syria-to-murdoch-and-rothschild/

Xty's picture

I wish I had written at least the beginning of this:

Forward guidance: The latest fall fashion from your central bank

 

Forward Guidance is this season’s must have accessory. Adopted by central bankers all over the world, FG (let’s call it by an acronym as finance is full of them), is all the rage.

And yet like so many fashions (harem pants, ponchos, juicy tracksuits, UGG boots,*  jeggings) in retrospect it will be dammed. History has been unkind to many must-have-it-fads, FG is likely to experience the same.

    Harem Pants

The must have item of the fall ;)

http://www.forexlive.com/blog/2013/08/24/forward-guidance-the-latest-fall-fashion-from-your-central-bank/

.

*my toes have never been warm until I got my Uggs, and I have stood in some very cold arenas, arenas that we heat, not try to cool for the ice, so don't diss my Uggs, even in jest.  The crochet poncho was a direct blow, however, and I must slink away in embarrassment.

DeaconBenjamin's picture

Gold jumps to all-time high of Rupees 34,500 on weak rupee

 

5778683.cms
Gold
Gold prices zoomed to a record high of Rs 34,500 per ten gram with a biggest ever single day surge of Rs 2,500 in opening trade in bullion market on Wednesday amid the rupee hitting historic low of 68.75 a dollar.

NEW DELHI: Gold prices zoomed to a record high of Rs 34,500 per ten gram with a biggest ever single day surge of Rs 2,500 in opening trade in bullion market on Wednesday amid the rupee hitting historic low of 68.75 a dollar.

The current upsurge surpassed its record price of Rs 32,975 per ten gram, set on November 27 last year, with its biggest ever single day surge as panic-striken investors rushed to purchase Gold as a safe haven during current financial crisis when forex and equity melting fast.

The rupee has been witnessing an unprecedented plunge in its value as it dropped to an all-time intra-day low of 68.75 per dollar on Wednesday, while the BSE benchmark Sensex also declined sharply.

 
Cipher's picture

Nice find ag1969

The Rothschilds diabolical nexus is one of the main trunk/roots to everything disgusting in the eyes of benevolent loving humans. 

What it all comes down to, is who is really in charge? You can't be in charge, obviously, if you are not in charge and you can't be in charge if things are out of control. So are things really out of control?

Cipher

flyinkel's picture

It is helpful to be friendly to everyone

It is not nice to provoke so we should be diligent in knowing there are many pieces to life's jigsaw puzzle.  Granted some have more pieces than others.  Do you ever think about these things?  What if I was the bottom three in my class?  What if I was a drug dealer?  What if I was extremely low income?  What if I was sucking on the government teat and that was my only source of income?  Would I be easily manipulated?  What would I be willing to sign?  There are so many things to think about and it all becomes so confusing.  The travesty of bankrupting so many, is that desperation can be a very powerful motivator, and survival is paramount, even when your IQ is 80.  Folks need a career, not a handout.

Xty's picture

I do think about those things

quite a lot.  People's experiences are so varied, and the tools they are born with likewise, that it is easy to condemn what should instead be analyzed to understand the underlying self-interest that probably correctly motivates others, from their perspective.

Then the question is can their self-interest and one's own be safely left to wander in the wilderness, or will they collide in nasty fireworks.  If the latter, can persuasion and education work, or is it a hopeless battle for resources?

Strawboss's picture

Some commentary from my

Some commentary from my Indian friend on the situation in India with the rupee...

Top 2 imports of India , which accounts for almost 45 to 50% of all imports : Oil and Gold.

On one side, the price of diesel and petrol are going to be increased, which will increase the prices of goods and services across the board and middle class and below are going to be squeezed. On the other side, speculation in gold markets is  getting crazy and the demand is going to increase further towards the Diwali season. Many institutional investors are quietly leaving or downsizing their presence in Indian stock markets, which further weakens the dollar reserves. Higher prices, more spending on Gold means less consumer spending on other “growth” factors. Not a good sign either way you look at it.

ag1969's picture

Well XTY

Glad you got such a rise out of the metals last night, there goes silver!

proton777's picture

Impressive. We haven't seen

Impressive. We haven't seen one of those in a while.

Orange's picture

Get ready

for a FUBM, we should see $25 later

keep:)

Marblesonac's picture

Janet R is warning about a massive

Cyber attack.  This is most likely planned by the CIA, so people will beg for the government to either have a kill switch or complete control of the internet.

What do you think the cyber attack will look like?

It looks like they have practiced on some Irish banks last year, and they have tested against the Stock exchanges, google, faceplant, twitter, Microsoft, etc..

So will they take the banks and stock exchanges down, along with all other forms of social communications?

Will that mean no credit cards or checks accepted?

Will they try to take out the electric and gas infrastructure?

ReachWest's picture

Top of the AM!

Metals still moving up or down (mostly) and great news - the US attack on Syria is only going to be "Brief and Limited" !!

Whew - now I feel better. I thought we might really be stirring up a hornets nest, but no worries now that we know it's just short little war they're planning. Hmmm.. I wonder if the Russians are appeased by this tidbit of wonderful info leaked from the Peace Prize recipient in the Whitehouse? 

erewenguy's picture

Everyone has different "gifts"

Carrying some thoughts over from Pining's post. Some have a gift of foresight and preparation,  some have a gift of compassion. Compassion is always a difficult line to walk, particularly when you have to assess how your generosity will affect those closest to you as compared to those in more dire need. I am under no illusions and recognize that my ability to provide for my family is a gift from God, and not from my own efforts.

Yet, here we are as a society where compassion is foisted upon us by a prolifigate government. I think that the government's enforced compassion has made us a coarser and more resentful society. Well, since confession is good for the soul, I will admit that I have  become such a creature.

Let me give an example. For the past year my wife and I have both had serious medical problems. We have been fortunate to make it through these health concerns and associated financial burdens due to our somewhat expensive (but necessary) health insurance. We pay the monthly premium, plus we are also responsible for a large annual deductible and ongoing co-pays.

My brother in law, who has no job and no insurance (even when the economy was good), was also recently hospitalized. Through the social worker in the hospital, he was signed up for all types of benefits to cover his expenses, as well as to provide him with additional income, and uncovered expenses will be written off. 

Contrasting our situations it is clear that the reward of maintaining my own health coverage is that I continue to be obligated to pay ongoing premiums, deductibles, and co-payments, as well as taxes to help support others. A person who takes no responsibility for his needs is rewarded with no responsibility and additional benefits.

What does this rant have to do with metals and prepping? The free sh1t forces are going to force each of us to weigh up our needs and make some hard decisions. Compassion is easier when you have a voice and choice in your own giving, and can arrange some form of reciprocity or conditions on assistance.  Even a person of limited abilities is able to contribute.

lakedweller2's picture

Crude

Oil went crazy in the middle of the night also.  Bad thing to have Gold, Silver and Oil do ups when they want downs.  They had to get up earlier to kill all this stuff like yesterday. 

Fundamentals are great.  Algos treat fundamentals with Round Up. 

Xty's picture

hah! Speaking of alarming family members:

Keeping the meme going, from FED FOCUS

 

The Fed's millionaires

  @CRrileyCNN August 28, 2013: 7:28 AM ET

The collection is not the only oddity reported by Fed officials. Financial statements released from 2010 show Dallas Fed president Richard Fisher owned more than 7,000 acres of land, $1 million in gold and as much as $250,000 in uranium.

http://money.cnn.com/2013/08/28/news/economy/federal-reserve-wealth/

Yup, it's an 'oddity' to own land and gold.  (Uranium, maybe, though.  Tougher storage problems.)  Bernanke, on the other hand, is not much of a millionaire.  I expect he has pretty good retirement options, though.

ag1969's picture

Farage!!!

Mantis's picture

musings

Has anyone wondered if the chemical attack might have been a false flag? ie not done by the Syrian govt or the rebels. Britain and USA  are desperate for war in Syria for example. Quite obvious when you look back at the hysterical cries for intervention from War Mongerer, William Hague. How far could they go to make it happen ? Chemical weapons have been mentioned so many times in the media, almost like we're being prepared for it. In the news they are saying its a red line that has been crossed. Who painted the line and who stepped over it. To me it makes no sense at all that the Syrian Govt would do this

Turd Ferguson's picture

Has anyone wondered...

MODERATOR

"Has anyone wondered if the chemical attack might have been a false flag?"

Mr. Mantis, you need to visit this site a little more frequently...

¤'s picture

Food for thought ~ Humble Pie - 2nd Helpings Encouraged

Humble-Pie.jpg

The Best Kept Secret to Happiness: Compassion

How compassion is the best kept secret to being happy, healthy, wealthy and wise

Emotional expertise for happiness and success

Marketing executives want us to believe that happiness lies in a product that will taste delicious, magically fill our bank accounts, or transform us into a supermodel that looks not a day past 20. Our social norms promise that happiness will lie in status, accomplishments, relationships, and possessions. We are always on the lookout for the next thing: once we have the perfect mate, we look for the perfect home; once we've found the perfect home, we look for a bigger one, or a new car or a bigger bank account; once the perfect job is attained, we look for the next promotion or look forward to retirement or a new job. We seem to be on a constant and futile chase after the promised land of lasting happiness.

Dan Gilbert of Harvard University has shown that we are, in fact, terrible at predicting what will lead to happiness. Our norms, for example, would suggest that a winning lottery ticket would make our happiness scores skyrocket while paralysis would make them plummet. Research shows, however, that winning the lottery ticket, though it creates an initial rise in well-being, does not lead to lasting happiness over time nor does becoming paraplegic lead to lasting unhappiness.

A closer look at our own experiences as well as research data suggests that the secret to lasting happiness does not lie in any goods, relationships or achievements, but rather in what we can give: not just material gifts, but gifts of time, gifts of love, gifts of ourselves. Compassion and service don't justmake us happy but they also have a host of other associated benefits and may even contribute to a longer life. Here's how:

Compassion Makes You Happy

iStock_000006121440XSmall.jpg

A brain-imaging study headed by neuroscientist Jordan Grafman from the National Institute of Health showed that the "pleasures centers" in the brain, i.e. the parts of our brains that are active when we experience pleasure (like dessert, money, sex) are equally active when we observe someone giving money to charity as when we receive money ourselves! Giving to others even increases well-being above and beyond spending money on ourselves. In a revealing experiment published in Science by Harvard Business School professor Michael Norton, participants received a sum of money. Half of the participants were instructed to spend the money on themselves and the other half were told to spend the money on others. At the end of the study, participants that had spent money on others felt significantly happier than those that had spent money on themselves. This is true even for infants! A recent study by Elizabeth Dunn and colleagues at the University of British Columbia shows that, even in children as young as 2, giving treats to others increases their happiness more than receiving treats themselves.

             >>>Flow: An Antidote to Anxiety & The Secret to Happiness?<<<

Compassion Makes You Wise

One reason compassion makes us happy is by broadening our perspective beyond ourselves. We know from research on anxiety and depression that these tense and unhappy states are highly self-focused. During stress or sadness, we are usually focused on the things that are going wrong in our lives. Research shows that...

http://www.psychologytoday.com/blog/feeling-it/201211/the-best-kept-secret-happiness-compassion

Xty's picture

Nigel indeed!

Wow, I haven't listened to him in ages.

A voice of reason as always.  "Well, killing people is against all international law."

Xty's picture

Nigel indeed!

Itchy trigger finger, my bad.  But Nigel always deserves a second look:

Marblesonac's picture

Mantis

Only an idiot would think it wasn't done by the CIA supported rebels

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